Ecowipes Group
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Ecowipes Group - overview
Established
2011
Location
-, -, Poland
Primary Industry
Consumer Products
About
Based in Poland, and founded in 2011, Ecowipes sp. z o. o. , an Ecowipes Group’s sub-company operates as a manufacturer and producer of bio-degradable wet wipes.
In July 2023, the firm was acquired by Cornerstone Investment Management and Kartesia. The company as of July 2023, has offices in Poland and France and is led by its CEO, Gabriel Kermiche. The company manufactures natural personal hygiene and childcare products. Ecowipes offers a range of biodegradable nonwoven products, including cosmetic wipes, household wipes, cosmetic pads, and cosmetic buds.
Their manufacturing process focuses on using natural, renewable materials such as organic cotton, cellulose pulp, and viscose, ensuring the wipes are biodegradable and environmentally friendly. Also, the packaging materials of the company are recyclable and it includes paper packaging for dry products, mono-material (single-component) foil packaging for wet wipes, and foil containing recycled material packaging for cosmetic pads. The July 2023 acquisition will support Ecowipes to pursue further organic and external growth opportunities and accelerate international development.
Current Investors
Kartesia, Cornerstone Investment Management
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene, Consumer Products
Website
www.ecowipes.com.pl
Verticals
Manufacturing, Research (Non-Medical)
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Ecowipes Group - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|---|
| Revenue (USD) | 152,964,800 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | 39,027,400 | - | - | - |
| Operating Income (USD) | 25,475,100 | - | - | - |
| Operating Margin | 16.7% | - | - | - |
| % EBITDA Margin | 25.5% | - | - | - |
| NET Income (USD) | 23,010,200 | - | - | - |
| % Net Margin | 15.0% | - | - | - |
Ecowipes Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Ecowipes Group | - |
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Ecowipes Group - employee data
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